Minister Barr: ACT job growth tops nation in latest CommSec report
- Written by ACT Government
Released 29/01/2018
The ACT’s jobs market had the biggest improvement in Australia, according to the latest State of the States report from CommSec.
This report comes after the latest Australian Bureau of Statistics (ABS) employment data showed that over 10,000 jobs were created in the ACT in 2017 – a 4.6% increase in employment that highlighted the strength of the local economy.
These jobs have been created in a broad range of industries in both the private and public sector. These include education and training, retail trade, IT and media, healthcare and the energy sector. The vast majority (80 per cent) are full-time employment positions.
Employment in our healthcare system is also expected to grow, with the opening of the rehabilitation hospital at the University of Canberra in 2018.
The CommSec report also highlights strong performance in retail spending in the ACT, and the territory topped the nation in housing finance, a further sign of the confidence investors have in our housing market.
In 2018, our city has been recognised as the third best city in the world to visit by Lonely Planet, and with the arrival of our second international airline in Qatar Airways, our visitor numbers are expected to continue growing. We will also welcome companies such as Google to our city, further highlighting our credentials as Australia’s innovation capital.
- Statement ends -
Section: Andrew Barr, MLA | Media Releases
